Edtech unicorns in India go on an acquisition spree

Photographer: Xaume Olleros/Bloomberg

Edtech firm Byju’s is in advanced talks to acquire smaller rival online learning startup Toppr for about $150-160 million, a deal that could lead to further consolidation in the sector, said two people familiar with the development.

Both Byju’s and Toppr operate in the K-12 (Kindergarten to Class 12) learning space.

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